In a welcomed policy change, the Indian government has liberalised the retail sector, by opening it to FDI from single brand retailers. Picking on the early signs of this policy move, PricewaterhouseCoopers India and the Confederation of Indian Industry (CII), published this study in November 2005 and presented it to the Indian government.
The study maps out the retail sector in India and identifies the factors required to catalyse growth. It conducts evidence based analysis of the implications modern trade for the Indian economy. Increased employment, efficiency in agriculture and increased exports are but a few of the advantages. The study urges the Government to fully open up the retail sector to FDI in order to help it to achieve its true potential.
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